ChevronTexaco's Tahiti oil find in Gulf of Mexico 'significant'

April 3, 2002
ChevronTexaco Corp. reported what it is calling a "significant" oil discovery with its Tahiti prospect on Green Canyon Block 640, 190 miles southwest of New Orleans in the Gulf of Mexico.


By OGJ editors
HOUSTON, Apr. 3 -- ChevronTexaco Corp. reported what it is calling a "significant" oil discovery with its Tahiti prospect on Green Canyon Block 640, 190 miles southwest of New Orleans in the Gulf of Mexico.

The well, Tahiti No. 1, was drilled to 28,411 ft MD in 4,017 ft of water. The well was drilled with Transocean Sedco Forex Inc.'s Discoverer Deep Seas ultradeepwater drillship.

"Results from the exploratory well indicate the presence of high-quality reservoir sand with total net pay of more than 400 ft," said Tahiti partner Enterprise Oil PLC. Operator ChevronTexaco holds 58% working interest in the Tahiti prospect. Other Tahiti partnership interests are held by PanCanadian Energy Corp. 25% and Enterprise 17%.

Separately, Enterprise reported that partner and operator Royal Dutch/Shell has temporarily suspended the drilling of the Deep Mensa well on Mississippi Canyon Block 687 in the gulf.

The well has been "temporarily abandoned" at 27,278 ft due to technical reasons. "The main objectives of the well were not reached, and the operator and partners will now examine data from the well to determine whether to reenter the well at a later date," Enterprise said.